CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

**IRGC Navy Closes Strait of Hormuz Over U.S. Ceasefire, Blockade Disputes** Local time on the evening of April 18, the Iranian Islamic Revolutionary Guard Corps (IRGC) Navy announced it has closed the Strait of Hormuz effective that night. The move follows the IRGC’s accusation that the U.S. violated a ceasefire agreement and failed to lift blockades on Iranian ships and ports—stating the closure will remain in place until the U.S. removes the blockades. Iran issued a warning: All vessels in the Persian Gulf and Gulf of Oman are prohibited from leaving their anchorages. Any activity near the Strait of Hormuz will be deemed cooperation with the enemy, and violators will be targeted. The statement also advised all ships and their owners to obtain information exclusively through official IRGC Navy channels and relevant authorized sources. It added that “the U.S. President’s remarks on the Strait of Hormuz and Persian Gulf lack credibility.” (Source: FX168)

**April 19** Two U.S. officials told AXIOS that President Trump met Saturday morning in the White House Situation Room to discuss the Strait of Hormuz crisis and U.S.-Iran negotiations. Iran’s situation is at a critical juncture: a ceasefire is set to expire in three days, and the final date for the next round of U.S.-Iran talks remains unannounced. A senior U.S. official warned that without a short-term breakthrough, war could resume within days. Attendees at the Situation Room meeting included Vice President Pence, Secretary of State Pompeo, Secretary of Defense Esper, Treasury Secretary Mnuchin, White House Chief of Staff Meadows, White House Special Envoy Hook, CIA Director Ratcliffe, and Chairman of the Joint Chiefs of Staff Milley. A source with knowledge of the talks said the Strait of Hormuz crisis reemerged after progress was made narrowing gaps on Iran’s uranium enrichment and enriched uranium stockpile.

On Saturday, April 19, a senior Iranian official told CNN that Iran will prioritize vessels paying transit fees for the Strait of Hormuz. “Given the limited number of vessels permitted to transit, Iran has decided to prioritize those that can faster comply with the new Strait of Hormuz regulations and pay the security service fee,” the official stated. The official added that vessels failing to pay the fee will face delays. Earlier Saturday, Iran reimposed restrictions on vessels transiting the Strait of Hormuz, citing the U.S.’s “repeated betrayals” in the bilateral ceasefire. The official characterized the prioritization measure as part of Iran’s efforts to manage maritime traffic under the new order governing the strait.

On April 19, RaveDAO addressed recent market concerns about RAVE token price volatility, denying any team involvement in or manipulation of the token’s price. The team labeled the rumors unfounded and reaffirmed its commitment to advancing the project’s development. RaveDAO noted it’s currently focused on long-term growth and plans to strengthen community alignment through mechanism design—including exploring a token locking model tied to price or performance triggers. However, the team also disclosed it will sell a portion of unlocked tokens at the appropriate time per its Token Release Schedule (TRS) to cover operating expenses, global recruitment, marketing, and strategic acquisitions. This signals expected ongoing selling pressure from the project. Additionally, RaveDAO mentioned it will continue allocating a portion of profits to charity, with a current commitment to donate 20% of event profits and some future operational profits to charitable causes. The team emphasized

On April 18, U.S. officials told The Wall Street Journal (WSJ) the military is preparing to board and seize Iran-linked tankers in international waters in the coming days—expanding its naval enforcement operations beyond the Middle East. As that plan takes shape, Iran’s military is ramping up control of the Strait of Hormuz: it attacked multiple commercial vessels Saturday and declared the waterway under Iran’s “strict control.” The moves have caught shipping firms off guard. Just a day earlier, Iran’s foreign minister said the strait was fully open to commercial traffic—a statement previously praised by former President Trump.

April 18 (CoinDesk) — Ethereum co-founder Joseph Lubin told CoinDesk in an interview that AI and cryptographic technologies are converging at an accelerated pace, potentially marking the next major inflection point for the industry. However, he warned that if AI infrastructure is controlled by a handful of large tech firms, it could pose systemic risks to the sector. Lubin noted the future economy will be driven by “machine processes,” where autonomous or semi-autonomous AI agents can conduct transactions, collaborate, and perform validations on blockchain networks — with cryptographic networks serving as the underlying settlement layer. He argued blockchain and cryptographic mechanisms are critical to building a trusted “machine-over-machine” environment, avoiding power imbalances tied to centralized AI. On the product front, Lubin revealed MetaMask is evolving into a “user self-custody digital bank.” Going forward, it will integrate AI agents to autonomously manage user assets